In June 2020, Direct Line Group issued £260m of Tier 2 subordinated debt due 2032. The listing particulars can be viewed below.
In December 2017, Direct Line Group issued £350m of perpetual Restricted Tier 1 contingent convertible notes. The listing particulars can be viewed below.
In April 2012, Direct Line Group issued £500m of subordinated notes due 2042. £250m of those notes were redeemed in December 2017, in connection with the issue referred to above. The remaining £250m of those notes were redeemed on the 27 of April 2022.
We have been made aware of potentially fraudulent activity in relation to DLG bonds where members of the public have been contacted and asked to invest in our bonds. We never contact people to sell bonds. If you are contacted by anyone asking you to invest in our bonds we encourage you to report this to Action Fraud, the UK’s national fraud and cyber reporting centre. If you have any further questions or concerns then please email our Investor Relations team.